I selected a high street firm for my conveyancing in Piccadilly today. Upon checking the small print I notewe are responsible for fees even if the movefalls through. Should I ditch them and appoint an internet conveyancing company who offer no move no charge conveyancing in Piccadilly?
It is usually ‘give and take’ in that if "No Completion No Fee" is available then the conveyancing charges will generally be more expensive to offset those conveyances that fail to complete. You should be mindful that these schemes generally do not protect you from disbursements for example Piccadilly conveyancing search expenses.
I am purchasing a house mortgage free in Piccadilly. I have lived for the previous 15 years in Piccadilly. Conveyancing searches are expensive. Given that I have knowledge of the road and vicinity very well should I not bother getting the solicitor to do all the conveyancing searches?
If you not getting a mortgage, then almost all of the Piccadilly conveyancing searches are optional. Your solicitor will ’encourage you, perhaps strongly, that you should have searches done, but she is duty bound to do this. One thing to take into account; if you are likely to sell the house in the future, it may be of interest to your prospective purchaser what the searches determine. Sometimes premises with apparent issues can still throw up negative search results. A good conveyancing solicitor in Piccadilly should provide you some sensible advice concerning this.
Do commercial conveyancing searches reveal proposed roadworks that could impact a commercial land in Piccadilly?
Many commercial conveyancing solicitors in Piccadilly will conduct a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in researching accurate data on highways that impact buildings and development assets in Piccadilly. The search result provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Piccadilly.
For every commercial conveyancing transaction in Piccadilly it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may result in delays to Piccadilly commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not ordered for residential conveyancing in Piccadilly.
Are there restrictive covenants that are commonly identified as part of conveyancing in Piccadilly?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Piccadilly. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Due to the input of my in-laws I had a survey completed on a property in Piccadilly in advance of retaining solicitors. I have been advised that there is a flying freehold element to the house. My surveyor has said that some mortgage companies will refuse to grant a loan on such a home.
It varies from the lender to lender. Lloyds has different instructions from Nationwide. Should you wish to telephone us we can investigate further via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Piccadilly. Conveyancing may be slightly more expensive based on your lender's requirements.